Pru chief takes home £8.7m in 2013

Prudential chief Tidjane Thiam was only the insurer’s third-highest paid employee, with 10 of its senior team awarded a total pot of £72 million.

The FT reported that the chief's total pay package of £8.7 million was overtaken by the £11.7 million package awarded to Mike Wells, who runs Prudential’s US business, while an unnamed individual who sits on the board was paid £17.5 million.

Prudential disclosed its remuneration report on the same day as Old Mutual, which revealed that Julian Roberts, chief executive, and outgoing finance director Philip Broadley were paid a combined total of £7.83 million.

Pru's remuneration report showed that two of the Pru’s five best paid employees were not directors. The second, unnamed, individual received a package of £7.5 million.

The FT pointed out that while Wells was the highest paid executive, his annual base salary is a third lower than Thiam's.

We use cookies to give you the best experience on our website. You can continue to use the website and we'll assume that you are happy to receive cookies. If you would like to, you can find out more about cookies and managing them at any time here. This site is for Professional Investors only, please read our Risk Disclosure Notice for Citywire’s general investment warnings

We use cookies to improve your experience. By your continued use of this site you accept such use. To change your settings please see our policy.